DSP Savings Fund An open ended debt scheme investing in money market instruments |
Money Market Fund employing roll down strategy (maturity of portfolio runs down to 0 with time)
Money Market Fund investing in a 1 Year 100% A1+ portfolio in March offering reducing interest risk with time (roll-down strategy)
Kedar Karnik
Total work experience of
13 years.
Managing this Scheme since
July 2016.
Money Market
Sep 30, 1999
CRISIL Money Market Index
Regular Plan | |
Growth: | ₹ 40.3360 |
Direct Plan | |
Growth: | ₹ 41.0915 |
₹ 1,929 Cr
₹ 1,878 Cr
Regular Plan : | 0.45% |
Direct Plan : | 0.25% |
0.57 years
6-12 months
1,929
Modified Duration | 0.54 years |
Yield To Maturity | 3.66% |
Portfolio Macaulay Duration | 0.56 years |
Nil
Name of Instrument | Rating | % to Net Assets |
MONEY MARKET INSTRUMENTS | ||
Certificate of Deposit | ||
✔ Export-Import Bank of India | CRISIL A1+ | 8.63 |
✔ Bank of Baroda | ICRA A1+ | 7.12 |
✔ Small Industries Development Bank of India | CARE A1+ | 6.87 |
✔ ICICI Bank Limited | ICRA A1+ | 5.86 |
✔ Axis Bank Limited | CRISIL A1+ | 5.34 |
✔ National Bank for Agriculture and Rural Development | IND A1+ | 5.25 |
✔ Union Bank of India | CARE A1+ | 5.08 |
National Bank for Agriculture and Rural Development | CRISIL A1+ | 3.81 |
Small Industries Development Bank of India | CRISIL A1+ | 2.54 |
Bank of Baroda | IND A1+ | 1.27 |
Total | 51.77 | |
Commercial Paper | ||
Listed / awaiting listing on the stock exchanges | ||
✔ Housing Development Finance Corporation Limited | CRISIL A1+ | 9.88 |
✔ Larsen & Toubro Limited | CRISIL A1+ | 8.86 |
✔ Reliance Industries Limited | CARE A1+ | 8.77 |
Axis Finance Limited | CRISIL A1+ | 5.06 |
Tata Capital Housing Finance Limited | CRISIL A1+ | 5.06 |
Kotak Mahindra Prime Limited | CRISIL A1+ | 3.80 |
Kotak Mahindra Prime Limited | ICRA A1+ | 2.54 |
Reliance Jio Infocomm Limited | CARE A1+ | 2.54 |
Sundaram Finance Limited | ICRA A1+ | 1.27 |
Total | 47.78 | |
TREPS / Reverse Repo Investments / Corporate Debt Repo | 0.89 | |
Total | 0.89 | |
Cash & Cash Equivalent | ||
Net Receivables/Payables | -0.44 | |
Total | -0.44 | |
GRAND TOTAL | 100.00 |
✔ Top Ten Holdings
DSP Savings Fund was erstwhile known as DSP Treasury Bill Fund
Performance (CAGR Returns in %) | ||||
1 yr | 3 yr | 5 yr | SI | |
SI - Since inception | 7.08 | 7.23 | 6.96 | 6.92 |
The primary investment objective
of the Scheme is to generate
income through investment in a
portfolio comprising of money
market instruments with maturity
less than or equal to 1 year.
There is no assurance that the
investment objective of the
Scheme will be realized.
This Open Ended Scheme is suitable for investors who are seeking*
• Income over a short-term investment horizon
• Investment in money market instruments with maturity less than or equal to 1 year.
* Investors should consult their financial advisors if in doubt whether the product is suitable for them.